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Will Smith: 'No Emancipation For The Smith Kids'

Will Smith and Jaden Smith pose for photo during the 'After Earth' Press Conference at the Ritz Carlton …

Will Smith and his son, Jaden Smith, are clearing up emancipation rumors.

Following a report that Jaden, 14, was looking to become legally free from his parents, the father-son duo (who are also "After Earth" co-stars) set the record straight on Wednesday's "The Ellen DeGeneres Show."

"I just heard you are trying to become emancipated, is that right?" the talk show host asked Jaden.